Stock of the day : Buy Indian Hotels Company Ltd For Target Rs. 415 - Religare Broking
Indian Hotels Company Ltd
* Indian Hotel has been trading in a steady uptrend for the last two years.
* It has formed a fresh buying pivot around its record high after consolidating in a narrow range of 375-405 levels.
* The chart pattern combined with indications from the oscillators is pointing towards resumption of the uptrend soon.
* We thus recommend creating fresh longs in the mentioned zone.
Buy Indian Hotels Company Ltd. CMP 391.95; Range 392-394; SL 384; Target 415
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